Skip to main content

About your Search

Search Results 0 to 8 of about 9 (some duplicates have been removed)
have new details on his help. any speculation reduce speculation of pope benedict's success. >> following a strategic review. they hope to cut 4000 jobs. almost half will come out of the investment bank. >> bob diamond was blamed for changing from a top banking to high risk investment banking. they were outraged by the size of bonuses and the illegal fixing of the libor rates. the new went on how they want to change for barclays. >> i think we were into short- term focus. on occasion we were too self- serving. what we're talking about is building a better barclays that learned from those experiences that will deliver the whole of our stakeholders. >> he is not only want to improve the bank's image with the public, he wants to woo investors as well. the bank made a $360 million loss last year. he is cutting $2.5 billion from barkley's annual costs. 1900 jobs will go with the european retail and business banking sector. 1800 in corporate banking. >> the investment bank's deliver 4.1 billion of this profit. they are losing money on the retail side. the investment bank will reta
? today, it was revealed that pope benedict will retain his honorific title of his holiness nd be known as pope emeritus after he advocates. -- abdicates. when global events this really is, the resignation of a pope. it has not happened for 600 years. the whole place is swarming with foreign tv crews. theally, the audience of pope is a relatively low-key affair. but interest in attending wednesday's event was so great that they had to move it. there are thousands of shares already laid out. 35,000 people have already booked tickets to attend. and that number is expected to grow. intense interest not only around the world, but here in rome as well. because the pope is also the bishops in rome. i'm standing at the moment on the territory of the italian republic. this ground is italy. on the other side of this fence, it is the independent state of the vatican city. we are not allowed to take our cameras. you get a sense of the separations that are already under way. the following day will be his last day in office. he will have a private meeting with the cardinals that have already arrived
behavior with priests. he was due to take part in the conclave to elect the successor to pope benedict, but will now not be going to rome. our religious correspondent has the details. >> for a decade and more, he has been one of scotland's biggest personalities and strongest voices. then came allegations that cardinal o'brien behaved inappropriately towards four priests in his care during the 1980's. suddenly, he is out of office. today, cardinal o'brien stayed behind closed doors. in a statement, he acknowledged his poor health, but made no attempt to rebut the allegations against him. instead he said, for any good i have been able to do, i thank god. for any failures, i apologize to him all whom i have asked to all whom i have -- i apologize to all whom i have offended. a few days ago, he was the catholic church's elder statesmen, due to fly to rome to help choose the new pope -- statesman, due to fly to rome to help choose the new pope. >> the holy father excepted on february 18, the resignation .rom the cardinal >> the first minister said he had heard the news of cardinal o'brien's
Search Results 0 to 8 of about 9 (some duplicates have been removed)